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Odessa American in Odessa, Texas

15 Jun 2008

Page 4

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Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Jun 15, 2008

Page

4

G-8 sounds alarm over rising oil prices

G eight finance ministers meeting in Osaka urged oil producers to boost output to stabilize soaring oil and food costs. They warned of headwinds to global growth with rising prices driven by demand, supply limits, and speculation, and pressed for market-led investment while calling for IMF and IEA reports on price factors.

MENTIONED IN THIS ARTICLE

Osaka Japan U.S. Treasury Henry Paulson Saudi Arabia Ibrahim al-Muhanna France Germany Italy Giulio Tremonti Fukushiro Nakaga U.S Jim Flaherty Christine Lagarde Nicolas Sarkozy Austria
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EU warns against handouts as oil prices stay high

EU officials caution governments not to grant short term aid to fishermen farmers truckers and others hit by fuel costs. They urge structural reform lower energy taxes and targeted support for the poorest while noting oil prices are unlikely to fall to previous levels due to rising energy demand and shifts in China and India.

MENTIONED IN THIS ARTICLE

Brussels Belgium European Commission European Union Sponse Johannes Laitenberger Laitenberger China India
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Also Mentioned on This Page

Paulson Alistair Darling Organization of Petroleum Exporting Countries Chakib Khelil Vienna New York Times The Middle East Economic Survey Bush Administration Congress Britain Yasuo Fukuda Wikipedia.org Itsuo Inouyeap Associated Press Brenda Evang Irvan Anise Midland Memorial Hospital Midland Ian Edt Salvador Caballero Mic de Los Pastos N.E Garfield S Loop Wwwanidlandgallery.com ALL-STATE _ FENCE & SUPPLY Lubbock Avalanche- Journal Midland & Odessa West Texas
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